FORMER GOOGLE CEO DOES DAMAGE CONTROL OVER REMOTE WORK COMMENTS

Summary from the TLDR newsletter

Google CEO Eric Schmidt recently spoke at Stanford's School of Engineering. While answering a question about Google's lag in artificial intelligence development, Schmidt complained about Google's work-life balance, saying that companies that want to compete shouldn't let people work from home and only come in one day a week. He noted the history of dominant tech companies missing out on the next wave of industry and played up the importance of hard-charging founders like Elon Musk. Schmidt has since said he misspoke about Google and its work hours and that he regrets his error.